Justin Sun sues Trump-linked crypto firm over frozen tokens
Reliability
Based on 11 sources
Publications (9)
Sources (11)Fact-Checking
27 claimsSun is the largest investor in World Liberty Financial.
In September, Sun claimed the company had frozen his token holdings.
World Liberty responded to Sun's allegations on X with: 'We have the contracts. We have the evidence. We have the truth. See you in court pal.'
Open Questions
5 questionsSun bought $45 million of WLFI tokens.
According to The Guardian - Main UKSun said he spent at least $75 million on World Liberty tokens.
According to www.nbcnews.comContext: The discrepancy in investment amount could affect the credibility of Sun's claims and the scale of his alleged losses.
Sun's portfolio of 4 billion WLFI tokens is worth roughly $320 million.
According to The Guardian - Main UKThe value of Sun's frozen holdings declined to about $43 million.
According to www.nbcnews.comContext: The huge difference in valuation (likely due to different token prices at different times) affects the reported financial impact of the freeze.